79.41 - Funds to be kept separate.

§ 79.41 Funds to be kept separate.    Every guardian shall keep the funds received by him in his capacity as  guardian separate and distinct from his own personal funds and property.  He  shall  not  invest  the  same  or  deposit the same with any person,  association or corporation doing business  under  the  banking  law,  or  other  person or institution in his own name, but, except as provided in  section 11-1.6 of the estates, powers and trusts law,  all  transactions  had  and  done  by him shall be in his name as such guardian. Any person  violating any of the provisions of this section shall  be  guilty  of  a  misdemeanor.